Auto stocks hit new lows (Detroit News)

Wall Street got it bad Monday -- but auto stocks got it worse -- as investors around the world realized that the global financial crisis they feared has arrived and will stay for a while.

Court affirms dismissal of Visteon shareholder suit (The Indianapolis Star)

DETROIT A three-judge federal appeals court has affirmed the dismissal of a lawsuit against auto-parts maker Visteon Corp. Shareholders who saw Visteon's stock plunge over five years had accused executives and an accounting company of covering up problems. But the 6th U.S. Circuit Court of Appeals said Monday there's no evidence that Visteon acted recklessly. Visteon's stock was trading around ...

Auto briefs (Detroit News)

Visteon, Daimler, American Trucking Association, Volkswagen.

Auto dealers see bailout freeing car loan cash (9 News Denver)

WHEAT RIDGE – Colorado auto dealerships anticipate the financial bailout bill will open up a tight credit market for car buyers.

Sector Snap: Auto Suppliers fall with markets (AP via Yahoo! Finance)

Shares of automotive suppliers plunged Monday, along with the broader market, amid a worldwide sell off that sent the Dow Jones industrial average down more than 500 points and below 10,000 for the first time in four years.

Sector Snap: Auto companies hit new lows (AP via Yahoo! Finance)

Shares of the automakers tumbled to their lowest levels in decades Monday amid a global sell off that sent the Dow Jones industrials down more than 500 points to fall below 10,000 for the first time in four years.

Good, bad and ugly (Idaho State Journal)

Doug Lindley /Idaho State Journal Michael Orth, left, owner of Mad Mikes pawn shop haggles with Eric Rounds, a student at Idaho States Auto Tech program, over the price of some air tools Eric wants to buy for his classes.

GM Falls to 54-Year Low, Ford Drops to 24-Year Mark (Update2) (Bloomberg)

Oct. 6 (Bloomberg) -- General Motors Corp. fell to a 54- year low and Ford Motor Co. closed at a 24-year mark in New York trading, reflecting investor concerns over the economy and credit crisis that sent U.S. stock markets tumbling.

GM, Ford Tumble as Credit Crisis Unsettles Investors (Update1) (Bloomberg)

Oct. 6 (Bloomberg) -- General Motors Corp. was headed for a 54-year low and Ford Motor Co. touched a 25-year mark in New York trading, reflecting investor concerns over the economy and credit crisis that sent U.S. stock markets tumbling.

Ford Rating Is Lowered by Fitch on Tighter Credit (Update2) (Bloomberg)

Oct. 6 (Bloomberg) -- Ford Motor Co. , the second-largest U.S. automaker, had its debt rating cut further below investment grade by Fitch Inc. as tighter credit crimps U.S. auto sales.

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